Charles Hoskinson recently expressed his views on the crypto industry's performance being heavily influenced by US politics. He believes that regulatory uncertainty and political developments have disrupted what would otherwise be a normal market cycle. According to Hoskinson, the industry has spent years reacting to uncertainty surrounding US regulations, tariffs, and monetary policy instead of focusing on innovation.
Hoskinson described the current situation as 'completely dependent upon whether America can get its head out of its ass.' He argued that without these political factors, 'We would have had a regular cycle and actually had an alt season in 2025. Everything would have been fine.'
The CEO also warned about the potential for political backlash affecting the crypto industry. He suggested that if Donald Trump makes significant profits from crypto, politicians may retaliate by imposing stricter regulations.